Kwik, a rapidly expanding digital logistics platform, has introduced its first on-demand e-commerce fulfillment center in Lagos named KwikShelf. The launch of KwikShelf comes in response to the growing demand for flexible warehousing and fulfillment solutions in Nigeria.
Situated within a 1,250 sqm facility at Iddo House, Oyingbo, Lagos, KwikShelf is set to open next month. The service is aptly described as an on-demand warehousing and fulfillment solution. KwikShelf aims to cater to businesses of all sizes, offering adaptable storage spaces that range from as little as 1 square meter for a month to larger requirements.
The advantages of KwikShelf are significant:
- Nigerian merchants can now easily secure warehousing space on demand, efficiently outsourcing storage and fulfillment processes. The central and secure location of the facility ensures scalability, cost-effectiveness, and reliability.
- By positioning their rapidly moving inventories in the heart of Lagos, Nigerian businesses can accelerate order deliveries and enhance customer satisfaction.
- KwikShelf affords the flexibility to choose the exact amount of space needed, whether it’s a single square meter or more, for varying time durations. CEO Romain POIROT-LELLIG assures that the service eliminates fixed costs.
Nigeria’s eCommerce market is projected to achieve considerable growth, with eCommerceDB ranking it as the 40th largest market globally, anticipated to generate revenue of US$6,653.5 million by 2023. The forecast suggests a compound annual growth rate (CAGR 2023-2027) of 10.8%, leading to an estimated market volume of US$10,026.9 million by 2027.
Kwik envisions expanding its KwikShelf initiative across Nigeria’s major cities, aiming to establish up to 20 e-commerce fulfillment centers. These centers will effectively cater to the surging demand for flexible warehousing and fulfillment solutions. Kwik’s established last-mile delivery service will seamlessly integrate with its fulfillment offerings.
KwikShelf Lagos is currently open for bookings, allowing interested businesses to secure space within the company’s managed warehouse. Businesses can conveniently sign up through the service’s dedicated registration page.
